View the video below as Alex Warner from Forward Forsyth walks you through how to apply for a SBA Disaster Relief Loan.
*** MARCH 31 UPDATE *** MAJOR UPDATE ON HOW TO APPLY
SBA has completely changed the way to apply for a Disaster Relief Loan - See new video above with updates on how to apply.
New Documents mentioned in video can be downloaded HERE
*** MARCH 30 UPDATE ***
Learn More About Two Major SBA Loan Programs
The Small Business Administration currently has two major loan programs in response to COVID-19. A business can apply for both the Economic Injury Disaster Loan program and the Paycheck Protection Program IF there are different use of proceeds for each program. Funds from these loans cannot be commingled. The Paycheck Protection Program provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward
To Learn More About These Programs Click Here
*** MARCH 27 UPDATE ***
The Georgia Chamber is working to support fact-based communication as we weather the COVID-19 pandemic. The Small Business Administration currently has two major loan programs in response to COVID-19. A business can apply for both the Economic Injury Disaster Loan program and Paycheck Protection Program IF there are different use of proceeds for each program. Funds from these loans cannot be comingled. Attached is a PDF out of the Chamber summarizing the key points for these programs. This piece can also be found along with a host of other resources on the Chamber’s website at www.gachamber.com/covid19.
View the entire Emergency SBA Loan overview HERE
*** MARCH 26 UPDATE ***
The SBA website has crashed and the SBA team is now encouraging applicants to submit forms differently. Here is the link to the new way SBA Loans will need to be submitted: https://disasterloan.sba.gov/apply-for-disaster-loan/index.html
How to Apply for an SBA Disaster Relief Loan: Is your business or non-profit organization feeling the impact of the response to COVID-19? Are you considering applying for an SBA disaster relief loan? Join Forward Forsyth's Existing Industry Project Manager, Alex Warner, to learn if the loan program is right for you. Alex will also walk participants through the steps of applying.
What You Will Learn:
Is my business or non-profit organization eligible?
What are the terms of the loan?
What steps do I take to apply?
Is there anyone to provide support and guidance in the process?
What information do I need to have ready before I apply?
When can I expect to receive a response?
Documents and materials mentioned during webinar:
COVID-19 PowerPoint presentation can be downloaded HERE
Three Step Process for SBA Loan Application can be downloaded HERE
SBA Disaster Funds Forms HERE
Have questions? Register for the live webinar walk through where Forsyth County Chamber staff assist with answering your questions and share steps to make the loan application easier to navigate. Limited to first 70 registration. Upcoming dates listed below:
If you need immediate assistance in completing your SBA loan application, please contact Alex Warner at awarner@forwardforsyth.org or 770.887.6461 ext. 137
SBA has completely changed the way to apply for a Disaster Relief Loan - See new video above with updates on how to apply.
New Documents mentioned in video can be downloaded HERE
*** MARCH 30 UPDATE ***
Learn More About Two Major SBA Loan Programs
The Small Business Administration currently has two major loan programs in response to COVID-19. A business can apply for both the Economic Injury Disaster Loan program and the Paycheck Protection Program IF there are different use of proceeds for each program. Funds from these loans cannot be commingled. The Paycheck Protection Program provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward
To Learn More About These Programs Click Here
*** MARCH 27 UPDATE ***
The Georgia Chamber is working to support fact-based communication as we weather the COVID-19 pandemic. The Small Business Administration currently has two major loan programs in response to COVID-19. A business can apply for both the Economic Injury Disaster Loan program and Paycheck Protection Program IF there are different use of proceeds for each program. Funds from these loans cannot be comingled. Attached is a PDF out of the Chamber summarizing the key points for these programs. This piece can also be found along with a host of other resources on the Chamber’s website at www.gachamber.com/covid19.
View the entire Emergency SBA Loan overview HERE
*** MARCH 26 UPDATE ***
The SBA website has crashed and the SBA team is now encouraging applicants to submit forms differently. Here is the link to the new way SBA Loans will need to be submitted: https://disasterloan.sba.gov/apply-for-disaster-loan/index.html
How to Apply for an SBA Disaster Relief Loan: Is your business or non-profit organization feeling the impact of the response to COVID-19? Are you considering applying for an SBA disaster relief loan? Join Forward Forsyth's Existing Industry Project Manager, Alex Warner, to learn if the loan program is right for you. Alex will also walk participants through the steps of applying.
What You Will Learn:
Is my business or non-profit organization eligible?
What are the terms of the loan?
What steps do I take to apply?
Is there anyone to provide support and guidance in the process?
What information do I need to have ready before I apply?
When can I expect to receive a response?
Documents and materials mentioned during webinar:
COVID-19 PowerPoint presentation can be downloaded HERE
Three Step Process for SBA Loan Application can be downloaded HERE
SBA Disaster Funds Forms HERE
Have questions? Register for the live webinar walk through where Forsyth County Chamber staff assist with answering your questions and share steps to make the loan application easier to navigate. Limited to first 70 registration. Upcoming dates listed below:
If you need immediate assistance in completing your SBA loan application, please contact Alex Warner at awarner@forwardforsyth.org or 770.887.6461 ext. 137
